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NATION : Point Reyes Marine Sanctuary OKd

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<i> From Times wire services</i>

President Bush today signed legislation banning oil, gas and mineral exploration in the new Cordell Bank National Marine Sanctuary off Point Reyes in Northern California.

The joint House-Senate resolution approves designation of the 397-square mile tract as a marine sanctuary under the management of the National Oceanic and Atmospheric Administration.

Much of Cordell Bank falls within Lease Sale 119, which covers a massive part of the outer continental shelf off Central California, described as one of the West Coast’s most sensitive marine life areas.

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